This report covers the present scenario and the growth prospects of the
winter tire market in Czech Republic for the period 2015-2019. Forecasts
and analysis of the market have been done in terms of volume. The market
size is calculated on the basis of the unit sales of winter tires in
Czech Republic.

The winter tire market in Belgium is expected to witness the emergence
of high-performance winter tires in the coming years. For instance, many
tire manufacturers have introduced new eco-friendly winter performance
tires for the Belgium market. The Winter i*cept evo by Hankook Tire
Worldwide is specifically designed with an enhanced tread compound for
better performance in all winter conditions for vehicles from every
class. The market is expected to witness more innovations in the coming
years.

According to the report, the market is huge in terms of volume; however,
the bulk of the revenue is dependent on the replacement tire market. The
replacement tire market has also reduced the dependence of tire
manufacturers on OEMs for revenue and sales. In the replacement tire
market, manufacturers experience less pricing pressure compared to OEMs.
Also, in the replacement tire market, manufacturers of winter tires will
have their own distribution systems for both global and local markets.

Further, the report states that availability of substitutes is a major
challenge affecting the market.